Tag: M&A

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MarshBerry, a global M&A advisory firm for insurance brokers, has revealed that it has acquired IMAS Corporate Finance LLP (IMAS).

Payoneer has recently announced the asset acquisition of data platform, Spott, for what is an undisclosed fee. 

Despite the tough market, there were still some notable mergers and acquisition deals completed in FinTech during 2022. Here are five of the biggest.

KPMG latest Pulse of FinTech report has suggested that a lack of M&A activity globally could reflect greater concerns about InsurTechs with high valuations that have not yet generated positive returns.

SRS Acquiom, which provides a platform offering payments admin and other services for PE, VC and corporate M&A deals, has been bought by private equity house Lovell Minnick.